What is an MBA?

Definition and origin of the MBA

The MBA is a graduate degree designed to develop the skills necessary for management and leadership in the business world. Created in 1908 at Harvard Business School, the MBA was initially intended to professionalize business management, which was then considered more an art than a science. Today, the MBA is globally recognized as the gold standard of business education, offering comprehensive training in strategy, finance, marketing, operations, and leadership.

Types of MBA programs

There are several MBA formats adapted to different professional profiles:

Full-time MBA (2 years): The traditional format that allows complete immersion in the MBA experience with internships, student projects, and intensive networking.

Executive MBA (EMBA): Designed for experienced executives with 8-15 years of experience, this format allows you to continue working while studying.

Part-time MBA: Flexible format for professionals who want to continue their career while studying.

Online MBA: Emerging option that offers geographical and temporal flexibility, particularly popular since the pandemic.

What distinguishes the MBA from other masters

The MBA is distinguished by several unique aspects:

Generalist approach: Unlike specialized masters, the MBA offers a 360° view of business, allowing you to understand all facets of a company.

Required professional experience: Most MBA programs require 3-5 years of professional experience, creating a rich classroom dynamic with practical exchanges.

Exceptional network: Networking is one of the major assets of the MBA, creating lasting connections with professionals from around the world.

Case study method: Learning through analysis of real business cases develops critical thinking and the ability to solve complex problems.

Return on investment and career prospects

The MBA represents a considerable financial investment (€50,000 to €200,000), but statistics show a generally positive return on investment:

Salary increase: On average, MBA graduates see their salary increase by 50% to 100% after graduation.

Sector mobility: The MBA facilitates transitions between sectors, with about 40% of graduates changing industries.

Career acceleration: Access to leadership and general management positions is significantly accelerated.

Entrepreneurship: Nearly 20% of MBA graduates start their own business within 10 years of graduation.

Conclusion

The MBA is much more than a simple degree: it's a personal and professional transformation that opens previously inaccessible doors. For francophone African professionals, it's particularly an opportunity to connect to the global business ecosystem while bringing their unique perspective and local skills. However, MBA success depends not only on the school chosen, but also on personal commitment, the ability to seize opportunities, and clarity of career goals.