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MBAs can be studied in a variety of ways.
7 Full time:
An intensive one-year programme usually starting each September (al-
though start dates vary), suitable for those who wish to either take a break or
signicantly change direction in their career. A high percentage of students
are from overseas, and it is not unusual to nd many different nationalities
represented on a course.
Executive MBA:
8 Business schools and universities use the term «Executive MBA» to refer
to a programme for people who are improving their knowledge while they stay
with the same employer. Candidates for Executive MBAs are usually nominat-
ed and supported by their employer with the expectation that their project work
and dissertation will be directly related to the employer’s sector. The Execu-
tive MBA can be offered as a xed-term, part-time programme over two years
(though executive modular courses are also available). A typical attendance
pattern would be 15 weekends (Fridays and Saturdays) a year. Some contain
international managers as participants, all sponsored by their employer.
Modular MBA:
9 UK and EU students only. This is very exible in its format, typically
designed around one-week blocks complemented by self-directed study.
There can be several entry points each year. Students take an average of
three years to complete the programme (the minimum is two years and the
maximum is eight years). A varied selection of electives enables students to
focus on areas of particular interest or relevance. All modules are self-con-
tained and students can also choose when to do them.
Open / distance learning:
10 Many students now successfully study for their MBA through distance
learning – one of the fastest-growing sectors of business education. Most
distance learning programmes require attendance at workshops and residen-
tial weekends – often held at different locations throughout the world – and
may take three to ve years to complete.
11 In the UK there are 105 business schools, most of which offer MBA
programmes. Thirty-seven of the MBA programmes are accredited by
65
Task 2. Fill in the gaps with an appropriate verb.
Encourage, reverted, charge, discourage, embed
1. One of the chief duties of a manager is to ____ employees.
2. They ____ to the traditional styles of management.
3. They____himwithajobofndinganewsupplier.
4. Law prices ____ industry.
5. He ____ me the idea of new project.
1. The pay you give someone for something they have done for you.
2. Money added to someone’s wages, especially as a reward for good
work.
3. Acompanyengagedinndingnewpeopletoworkinacompany,join
an organization, do a job etc.
4. Special skills or knowledge in a particular subject, that you learn by
experience or training.
Task 4. Topics for discussion.
1. Is it common in your country to have a risk manager in a company?
2. Imagine that you set up your own business. Will you recruit a risk
manager? Why? Why not?
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