Global MBA vs Regular MBA: What's the Difference?
- 17th July 2023
- Written by Samuel Wood
- Online Learning
While MBA is the standard acronym for Master of Business Administration, it is understandable if you are confused between studying a Global or a Regular MBA.
This article contains vital information on the difference between a Global and a Regular MBA which will thoroughly clarify this doubt for you. Along with this clarification, you will also find valuable insights on the merits of pursuing each of these courses and tips for choosing the right programme for you!
Here’s the key difference between the courses in a gist: A Global MBA prepares you for business administration in multinational business environments, while a regular MBA equips you with generalised knowledge of standard business administration that would be most apt for your local business or home nation.
What is Global MBA?
A Global MBA degree is a Master of Business Administration programme focusing on the management of businesses in the global economy. Global MBA degree programmes train students to be adept professionals in international business through various industry training programmes, diverse cultural studies, and intensive soft skills training.
You can even pursue a Global MBA online now. This online degree is just as reputed as the traditional on-campus degree. With this master’s degree, within a period of one to two years, you can transform from being a regular business professional into a competent global businessperson.
A Global MBA degree curriculum typically includes courses on global markets, international finance, cross-cultural management, and strategic management and leadership. The Global MBA programme enables you to have an experience of international business and builds your abilities for the global marketplace.
Global MBA degrees are best suited for professionals with work experience or those who want to work in multinational organisations. This type of MBA primarily focuses on developing future global business leaders.
What is a Regular MBA?
A regular MBA is a Master’s course in Business Administration which provides you with generalised knowledge of the business world while allowing you to develop the necessary skills to function in this field. A Regular MBA, also known as a traditional or domestic MBA, follows a conventional approach. The course focuses on core business disciplines in your local/domestic arena. Regular MBA curriculums include the study of finance, marketing, operations, and strategy.
One of the core benefits of a regular MBA is the flexibility you find when it comes to changing career options. Thanks to the solid foundational base that an MBA instils, it is easy for you to shift industries later. While it may include some international components, the primary emphasis is helping the student develop general management principles.
Differences between Global and Regular MBA
- Curriculum and Focus:
A Global MBA curriculum integrates global business perspectives throughout the programme. This degree offers specialised training in international finance, global strategy, and cross-cultural management. In contrast, a regular MBA programme provides a broader coverage of general management disciplines, with fewer specialised courses in international business.
- International Exposure:
A Global MBA provides extensive international exposure through cultural immersion experiences and collaborative projects with students from different countries. This exposure helps develop a global mindset and enhances cultural intelligence. On the other hand, a regular MBA offers limited international exposure, focusing more on domestic/local business practices.
- Networking Opportunities:
Global MBA programmes foster extensive networking opportunities with a diverse cohort of international students from various professional backgrounds. This diverse network can provide valuable global connections and insights. Regular MBA programmes, however, offer networking opportunities primarily within a domestic/local area.
- Career Opportunities:
A Global MBA degree equips you with competencies in the global job market. Employers value the international experience and cross-cultural skills gained through a Global MBA. A regular MBA degree, while still highly regarded, may be more suited to you if you wish to advance your career within your home country.
The Benefits of Studying a Global MBA Vs. Regular MBA Course
Factors |
Global MBA |
Regular MBA |
Example |
Cultural Fluency |
● Exposure to multinational cultures. ● Trains you in international business. ● Sought after by MNCs. ● Develops resilience and skill in handling cross-cultural differences. |
● Trains you in the cultural business environment of your local community or home nation. ● Helps develop skills in standard business administration. |
For example, if you graduate from a regular MBA course in Germany, you would be more suited to employment in managerial roles in businesses based in Germany.
|
Global Mindset |
● Gives you a global mindset. ● Enables you to think critically and strategically on a global scale. |
● Generalised view of business administration. ● Enables you to work efficiently in a variety of national/local businesses. |
The Canadian Logistics sector is a perfect example of an industry that needs Global businesspeople. Canada is known for its multicultural population and trading brings in the largest revenue for the country. Given this, logistics and international trade often involve people from different cultures across the world and a Global MBA graduate would be more prepared to handle this situation compared to a regular MBA graduate. |
Expanded Network |
The extensive and diverse network cultivated in a Global MBA programme can open doors to global career opportunities.
|
You can connect with professionals and students looking to make their career in business within a local/national business arena. |
Students pursuing Global MBA hail from different countries, backgrounds, and economic classes. Regular MBA students may hail mostly from a group of individuals looking to work in local business administration within a country. |
Enhanced Employability |
Global MBA graduates are sought after for job roles in international business across many nations. |
You may find that local/national businesses suit your qualifications the best with this degree. |
MBA courses usually come with placement services and industry tie-ups. Global MBA graduates' average income is about 69000-130000 GBP (source: Yocket), as Global MBA allows you to choose a specialisation, while Regular MBA graduates' average income is about 31,842 GBP (source: Glassdoor) |
Career prospects: Global MBA degree vs Regular MBA
Global MBA graduates have a wide range of career opportunities. Global MBA job opportunities include roles in multinational corporations, international consulting firms, global financial institutions, and entrepreneurial ventures with a global- focus. In contrast, Regular MBA graduates may be more likely to find managerial roles such as Digital Marketing Manager, Business Operations Lead, and Lead consultant within local businesses in their home country.
All-in-all, choosing between a Global MBA and a regular MBA depends on your career goals, long-term aspirations, and desire for international experience. Both the courses are meritorious and show the best results when suited to the student’s ambitions.
Consider your dreams, desires, the type of organisations you aspire to work for, and your passion for business when making this decision. Remember, you are the one who will win the wars in your life, not the sword that you use. Choosing a course is like selecting the weapon that fits you best.
If you are looking for a renowned institute to pursue a Global MBA or regular MBA degree, look no further than LSBF UK. The London School of Business and Finance, UK (LSBF UK) is known for its high-quality education and remains a standard example of quality business education today.
LSBF UK offers you admission to postgraduate MBA courses online and allows you the choice of a Global MBA online too.
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