So you realize you want a career in worldwide commercial enterprise. You know you want a one-yr commercial enterprise degree. But which one? Master of International Business or MBA? When we first start talking to college students approximately which software they’re aru mba inquisitive about, we regularly find they’re uncertain approximately the differences and which one is first-rate for them.
Here, we smash down the variations and similarities among our Masters in International Business (MIB) and our Global One-Year MBA programs, and the typical student profile that first-class suits every program.
MIB vs MBA scholar profile
The best manner to explain the differences between the 2 programs is the typical history of students. Most MBA programs require at the very least three years’ paintings experience, whereas Master of International Business programs are open to those with no work enjoy.
This means that the average age of college students on MBA applications has a tendency to be higher than the ones taking a Master of International Business diploma. At Hult, the average age of MBA students is 31, with a median of 6 six years paintings experience. Our MIB students have a mean age of 24 and 1 12 months’s work experience.
In terms of diversity of nationalities, all our programs had students from extra than a hundred thirty nationalities with a selection of college students from all areas of the sector.
Credits and academic rigor
Hult’s Master of International Business application is well worth forty eight credits and our Global MBA is well worth 65 credits. This is because the MBA calls for you to complete extra guides than the MIB, inside the equal time period.
MIB vs MBA – credit chart
There is the idea that, having worked in enterprise for at the least 3 years, and, in maximum instances, having taken the GMAT, college students on an MBA program could have a deeper stage of enterprise and subject knowledge. For example, MBA students are anticipated to have a running know-how of finance.
In many cases the actual guides and the issue remember throughout the two packages are very comparable, if no longer equal. So there’s no difference inside the instructional cost of the publications themselves, or the way in which they’re taught. The distinction lies inside the level at which college students are capable of have interaction with the fabric as this is depending on the quantity of on-the-activity enjoy they have got.
The amount of worldwide experience provided will depend on the college however at Hult, our Master of International Business and MBA packages enable students precisely the same preference. Students are able to examine at as much as any 3 of our six campus places. They selected one campus to complete there center route – San Francisco, Boston, London, or Dubai – after which have the option to take electives at a in addition places – Shanghai and New York.
“Hult sent me to 3 campuses: London, Dubai, and Shanghai. It challenged me to go to nine countries, and noticed me engage with humans from over a hundred cultures. Never has my life been so converted within the space of a yr.” – Xiwen Wang, China/U.S., MBA 2015, Operations Analyst. MBK Homes LLC
We also locate that scholars analyze as a lot about business subculture across the globe and operating in pass-cultural teams from their classmates as they do from being on the floor in a extraordinary usa. This is because of the extraordinary diversity of our pupil body, across all packages. So, no matter whether or not someone is studying for an MBA or an MIB, they’re uncovered to an array of worldwide perspectives with out even leaving the study room.
“The pupil diversity at Hult is brilliant. It’s such as you’re journeying the world without leaving the lecture room. I ought to benefit the angle of someone from the UK, Canada, Angola, China, and Columbia – all inside the identical day.” – Michele Bianchi, Italy, Class of 2015, Analyst, Deloitte
Quality of faculty
As in most main commercial enterprise faculties, a number of the identical Hult school train each Master of International Business and MBA guides. In many cases, the publications are very comparable so professors seamlessly pass from one program to another.
Some professors have extra revel in coaching one pupil demographic and this will be reflected in the instructions they choose to train. But, irrespective of the program they’re on, all our students are taught by using the world over renowned academics that convey years of commercial enterprise enjoy to the lecture room and have a passion for teaching.
“The professors are respected specialists with a hit careers in each commercial enterprise and academia, and the stability of both perspectives creates a unique and colourful classroom surroundings.” – Milena Ivanova, Bulgaria, Class of 2015, Talent Enablement Partner EMEA, Hewlett Packard
Choice of electives and specializations
Hult’s Master of International Business and MBA programs both provide college students the ability to specialize of their selected vicinity of commercial enterprise. Students can pick three electives in a specific area and graduate with a specialization. Hult’s MIB and MBA programs provide specializations within the same five regions: International Marketing, Finance, Disruptive Innovation, International Business, and Business Analytics.
“My purpose after graduating from Hult’s Master of International Business application become to forge a profession in advertising. My choice of electives centered on advertising and proved very worthwhile – I am now a Marketing Manager.” – Sofia Lundstedt, Sweden, MIB Class of 2013, Marketing Manager, PGA European Tour Sweden
MIB and MBA college students at Hult have the identical breadth of choice of electives. Not all electives are provided in any respect campuses, so students may additionally well pick out their electives based on where they want to take a look at, as well as what they need to observe. As all our campus locations are open to students on both applications, the variety of preference of electives is unaffected through program, although now not all electives are provided to both MIB and MBA students.
Some examples of electives available on both programs include:
Digital Marketing and Social Media
Adding Value Through Sustainability
Fundamentals of the Global Energy Business
Disruptive Business Models
Project Planning and Execution
Project Quality and Risk Management
Management, Strategies, and Business Models for Emerging Markets
Practical work revel in
The possibility to gain practical paintings enjoy may be particularly essential to Master of International Business students if they have constrained experience prior to beginning this system. But for those MBA college students trying to switch careers, hands-on, practical application of information and competencies is equally vital.
At Hult, students on both programs take part in a actual-global project this is perfect to students normal degree of labor enjoy: the Hult Business Challenge. Students spend 7 months working with a main agency to clear up their actual enterprise problem, or get a startup idea equipped to convey to market. It’s secure environment wherein college students can observe everything they’ve learned inside the study room, analyze from their mistakes, and construct on their successes.
“The Hult Business Challenge assignment become an thrilling, palms-on experience, and an invaluable lesson in teamwork.” – Marc Seipp, Germany, MIB 2013, Management Consultant, PwC
Every 12 months, Hult students from each the MIB and MBA packages paintings with a exclusive business enterprise to solve a modern-day trouble they’re dealing with that calls for an revolutionary, strategic solution. Previous customers have blanketed IBM, Philips, and Unilever and protected subjects along with synthetic intelligence, e-commerce, and sustainability. This yr, college students are working with Johnson & Johnson’s disorder interception department to tackle how to maximum effectively carry interceptive remedies to marketplace.