James made a posting at the end of last week about new research on salaries and bonuses for 2005 - I'll take a look and find the latest reports. But he also made the point that MBAs were big for India, China and Russia. I happen to have some real knowledge of the Russian market, as I lived and worked there for a number of years, and in fact many of my Russian colleagues studied MBAs while I was there.
For the emerging markets MBAs are very important, both for the knowledge they can teach people who have not been working in a capitalist economy, and for the credibility that holding such a qualification will bring. Many people find it difficult to find enough money for the fees for an MBA, and impossible to finance the loss of income, so online MBAs are very popular. In particular, MBAs from American institutions, the home of the MBA and the largest and most successful capitalist economy. This trend is likely to expand over the next few years, as these economies expand and can afford to educate more people in business.
# posted by Mary @ 12:44 PM
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