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The business world is one which is highly competitive and many graduates opt to pursue careers within this sector. Of course, although it is not essential, often having a postgraduate qualification will significantly boost your chances of finding employment.
Even if you’re not in it for the careers opportunities, and you’ve simply got an interest in the business world, then there are a number of courses available for you to study.
Taught master’s and postgraduate certificate/diploma
A taught Masters programme or Postgraduate Diploma is a more practical course with a more vocational approach to learning about business. Teaching methods include lectures, practical exercises, seminars, tutorials, case studies and group work. Assessment usually includes one or more of the following: formal exams, preparation of a report, dissertation or a project.
The two programmes are very similar although Master’s courses will usually require the production of a dissertation, where students are expected to demonstrate their ability to structure a clear and concise, as well as reasoned, argument and analysis in a specialist area of study.
Before applying to either course, you will be required to have a good honours degree and some work experience acquired either during or after your undergraduate studies.
The MBA course is taught at a more advanced level than a masters or PgDip Course. Applicants will be expected to have a minimum of 3 – 5 years worth of experience working within the business sector. There are a number of MBA courses available on a part-time or full-time basis and there is even the option to study through online course providers.
Further information on the MBA qualification can be found here
Research degrees: MPhil, MRes and PhD
Many universities now offer New Route PhDs in business-related subjects. These four-year programmes involve some taught elements and are generally for applicants without a relevant master’s degree.
Alternatively, MPhil students may be able to transfer to a PhD programme on satisfactory completion of their first year. The alternative is to continue towards an MPhil. Both MPhils and PhDs combine a specific research project and a thesis prepared under the supervision of one or more members of staff.
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