The Master of Business Administration (MBA) has been a career-defining qualification since Harvard Business School launched the first programme in 1908.
A 12% increase in total MBA applicants worldwide in 2024, compared to 2023 (5% decrease), proves that the MBA remains the gold standard in business management education.
Historically, the West (United States, United Kingdom, Australia, etc) was the go-to destination for aspiring MBA candidates. However, as globalisation accelerates and Asia’s emerging markets gain momentum, the region is stepping confidently into the spotlight.
There is a clear rising trend among Asian students to opt for MBA programmes locally or nearby, as highlighted in the recent GMAC “Application Trends Survey 2024.”Students from India and China often choose to pursue an MBA in Singapore or in their home countries.
That’s not all. Asian countries such as Singapore now offer competitive, innovative, and internationally recognised MBA programmes, like MBA Global, that adapt to the changing business environment.
Why Choose an MBA?
Although traditional MBA topics such as finance, leadership, and strategy continue to be vital, there is a clear need to reconsider the curriculum. Modern MBA programmes should include insights into AI’s rapid development, the significant influence of data, and the widespread impacts of climate change on global markets.
So, while there are countless reasons to pursue an MBA Global, these three main reasons most clearly highlight its value and distinguish it from a regular MBA.
Here are the top three reasons that make an MBA a worthy pursuit:
1. Global Focus and Practical Application
The MBA programme will help you:
- Understand how historical events, political dynamics, and regional economies affect business opportunities.
- Analyse geographical factors that impact global trade and market expansion.
- Apply principles for managing global supply chains effectively.
You’ll also explore entrepreneurship in Industry 4.0 and 5.0, preparing for innovation-driven industries, as Asia rapidly becomes the world’s business hub—further accelerated by the growth of BRICS+ economies.
These skills are especially valuable for working professionals considering a career switch. They offer a solid foundation to transition into MBA jobs with an international scope, leverage transferable skills in new industries such as fintech, renewable energy and e-commerce and confidently navigate cross-border business environments.
2. Data Mastery
As the ChatGPT-led AI revolution reshapes industries, the ability to work with data is becoming a key leadership skill. Your deep understanding of data-driven decision-making will shape the job opportunities available to you after your MBA.
Hence, an MBA can equip you with:
- Big data tools for more intelligent decision-making
- Python and SQL for business intelligence
- Skills in data visualisation and clear communication.
- Insights into using artificial intelligence and machine learning in business contexts.
These skills are precisely what employers seek for their global businesses. Additionally, if you want recession-proof and layoff-resistant skills, mastering data analytics can significantly benefit your MBA career.
3. Positive Environmental Impact
Suppose you’re looking for skills that can create a significant impact and promote meaningful change. In that case, the MBA Global can support you with a curriculum focused on sustainability and aligned with the United Nations Sustainable Development Goals (SDGs). This is one of the significant advantages of LSBF’s MBA Global.
Additionally, sustainability is now central to business growth. An MBA in Singapore that specialises in global business and sustainability—such as the MBA Global—equips you with the expertise to lead in this evolving landscape, while learning in a city that is setting benchmarks for sustainable business in Asia.
This academic experience provides you with skills relevant to the jobs in rapidly expanding sectors like green finance, ESG consulting, and sustainable supply chain management.
So, is an MBA worth it?
In addition to providing access to global networking opportunities, career benefits, and developing in-demand soft skills, LSBF’s MBA Global can enable you to make a positive impact, enhance your earning potential through data expertise, and refine your leadership abilities.
And when pursued in Singapore, you gain these advantages in one of the world’s leading financial and innovation hubs, offering unmatched exposure to global business networks, diverse markets, and a thriving, future-focused economy.
MBA Global in Singapore with LSBF
For those pursuing an MBA in Singapore, the London School of Business and Finance offers the Master of Business Administration (MBA) Global programme that grants direct access to Asia’s fast-growing job market and dynamic, internationally connected business environment.
As digital transformation speeds up, employers seek professionals who can navigate and shape the future of global business. The MBA Global programme at LSBF Singapore Campus is designed to meet this demand, blending a strong international emphasis with expertise in data and a dedication to sustainability.
This MBA programme equips students with the knowledge and practical skills necessary for responsible and effective leadership in a rapidly changing business landscape.
Additionally, if you aim to accelerate your career in international business management within a year, LSBF’s MBA Global provides the platform, network, and expertise to make it happen.
Speak to our Education Consultants to find out how LSBF’s MBA Global makes you stand out.
