Online mba with a focus on human resources – According to Maxim Feldman, Head of Client Relations at the Skolkovo Business School, the reduced format is sometimes referred to as the Mini MBA, but it is actually just a package of trainings. Skolkovo, he adds, is also responding to new trends by developing a number of short-term specialist courses. These courses, on the other hand, have nothing to do with a true MBA program. Feldman adds that the institution will not deceive its students. According to Sergey Myasoedov, Vice-Rector of the RANEPA, an MBA program must include at least 650 classroom hours, according to the classification of the international organization AMBA. Short-term courses of 250 or even 100 hours, he claims, cannot be termed MBA courses even by this criterion.
Students whose duties have grown as a result of the crisis have been flocking to the Mirbis Business School in recent months. Managers do not have time to complete a two-year MBA program; instead, they need to learn specific knowledge that can be implemented immediately at work, according to Fedor Fedorov, the school’s marketing director. Mirbis has created a customized MBA-based short-term advanced training course for them. The student enrolls in the third year of a two-year MBA program, attends classes for 7-8 months, and pays 135,000 rubles. (instead of 580,000 rubles for the entire course) and focuses on solely practical subjects like project management and an enterprise’s strategic stability in a competitive market. Students earn certificates of professional development upon completion. To obtain an MBA, you must first complete a bachelor’s degree.
According to Yuri Tazov, head of the Russian MBA League, enrollment in traditional MBA programs has dropped by roughly 10-15% across Russia as a result of the crisis. According to him, 4,500 persons in Russia got MBA certificates in 2016, with 500 graduating from Executive MBA programs. At the same time, according to Tazov, demand for considerably less expensive short-term retraining programs has exploded, with many corporations and business schools now offering them.
The educational process, according to Natalya Lagenen, general director of the Moscow City Business School, should be constructed in compliance with Russian education rules, which do not ban institutions from constructing condensed professional retraining courses and calling them Mini MBAs. She claims that Western business schools also offer these courses, albeit they aren’t termed Mini MBAs due to stricter education laws.
Grigory Avetov, director of the business school ” Synergy,” admits that short-term MBA programs are a competent marketing product. His university also offers 48-hour Mini MBA programs at 40,000 rubles. Managers are taught how to compute earnings and losses, create a budget for a firm, and choose management accounting indicators. These programs, in fact, have nothing to do with the school’s full-fledged one-and-a-half-year MBA program, which costs 1 million rubles. However, the expert claims that the moniker Mini MBA aids sales.
According to Lagenen, the number of Mini MBA applications at City Business School is increasing. If 1347 students enrolled in 2014, 2265 students enrolled in 2015, and 2817 students enrolled in the current 2016 academic year,
In a single day, you can get wiser.
For numerous years, the City Business School has offered a standard MBA program lasting one and a half years and a Mini MBA program spanning six to ten months in tandem. According to Lagenen, all programs follow a similar methodology: lecturers deliver lectures to students through the internet, evaluate cases, and offer to write a final paper at the end of their study. The assortment of things is likewise comparable. The Mini MBA, on the other hand, does not cover statistics, macroeconomic analysis, or change management; only applicable courses like finance and marketing are covered. However, everything extraneous has been eliminated from these fields as well. As a result, the marketing course does not include strategic planning or entering new markets; rather, it focuses on marketing department management, pricing, and advertising management. Prices differ as well: 68,000 rubles for the Mini MBA versus 250,000 rubles for the full MBA program.
Mini MBA courses have been provided at the Russian School of Management (RSU) since 2003, according to Nikolay Kozlov, head of the Mini MBA department. The six-month curriculum costs 150,000 rubles and consists of six modules with each 24 hours of instruction. They meet once a month in three-day sessions and teach students the same courses as standard MBA programs, but in a more condensed format.
Dmitry Inshakov, managing partner of the Everconsult training company and organizer of the MBAinoneday business seminar, is confident that you can grasp the fundamentals of leadership, finance, strategy, and business organization in just one day. The lecture, he claims, has been held across Europe for several years and attracts a crowd of 1200-1600 individuals. A ticket will set you back 1,000 euros (in Moscow, the price is planned to be lowered to 40,000 rubles). According to Inshakov, the seminar’s authors acquire and read the top business books published in recent years around the world. Then they contact the book’s writers and collaborate with them to create a synopsis of their works, which they then deliver at the seminar. “We are not a replacement for a full-fledged MBA program.” “The workshop’s moniker is merely a metaphor,” explains Inshakov.
The young and the small
According to Lagenen, young individuals who have just completed higher education or have a specialized secondary education are the most likely to enroll in the Mini MBA. They are unable to afford a full-time MBA but require information in order to enhance their jobs.
Small and medium-sized enterprises, which cannot afford full-fledged MBA programs, are a target for other schools. Mini MBA students at Mirbis, according to Fedorov, are often mid-level managers from small and medium-sized firms, aged 27-35. According to RSU’s Kozlov, 3,000 managers, largely from small and medium-sized firms, have completed Mini MBA courses in the last 13 years.