Most people hire an MBA’s preparation tutor or study guide to help them learn the material and prepare for their MBAs exam. They’re great because they give you a variety of different practice tests and questions to help you determine which areas you need more study. However, using a study guide or tutor does have its drawbacks.
The biggest drawback is that most tutoring services charge an hourly rate. Depending on the length of the study session, you could spend an hour or more with one of these tutors. If that’s not possible, you will spend at least two hours on a tutoring program. For some busy professionals, this may not be enough time. In addition, the study guide or tutor may only be available in the evening, which severely limits what types of studying you can do. If you need to review the information for the whole day, this will be a significant limiting factor.
Another option for those who need some preparation is to find an examination help service. These services typically offer complete lesson packages tailored to the specific subject matter of a management degree. Some focus on managing investment portfolios, while others focus on small business financing. A good examination help service will allow you to choose the modules that best suit your specific needs.
The advantage of using a tutor or a study guide is that the focus is strictly on the task at hand, rather than you practice something you might not have time to focus on during your MBA course. However, this approach does come with a downside. Tutors can be expensive, and depending on the experience of the tutor, this could add up to several hundred dollars per week. You also don’t know if the tutor you are working with has good academic credentials. It’s far from a sure thing. Study guides, on the other hand, are fairly inexpensive and give you a well-rounded overview of all of the material you will encounter during the MBA course.
For students who have already taken business management and need some refresher coursework, there is always the MBA exam. This is administered by the MBA Society of New York. They conduct an online test that covers a variety of topics in financial management. Many students take this exam as a proctored requirement for getting an MBA; however, it’s not a necessity for anyone to get an MBA. Students who have already completed a bachelor’s degree in financial management can still take the exam to advance their degrees.
For those looking to take their MBA course in as little time as possible, online MBA courses are very beneficial. While most MBA programs require at least two years to complete, many distance education programs will allow you to complete the same curriculum in as little as one year, with many online programs coming with a faster pace. Although it may take longer to finish an online MBA course compared to a traditional class-room based course, many business schools welcome incoming students who take advantage of online programs as a way to speed up their education. Students can complete their MBA financial management coursework and begin qualifying for MBA management positions within a few weeks.
If you’re unsure about what the focus of your MBA managerial coursework will be, find out before you apply. Often, there is a specialization area within the course that will be more suited to your needs. Some examples include health care or investment management. You’ll want to take the time to discuss your goals with an advisor who can give you a better idea of where you wish to go in your career.