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Don’t Start Your Business Financial Plan Until You Read This

January 1, 2021

A master’s programme is often a big investment for business professionals. Are the financial investments and time constraints worth it? Do master’s programmes bring the same dividends they did years back? These are all questions the business professional has to ask herself before embarking on such the journey to obtain a master’s degree. While many seem to believe that bachelor degrees alone are often inadequate to fast track career success in this age, not many think pursuing a masters in worth it.

According to The Economist, a CareerBuilder survey reveals that 33% of employers are selecting job candidates with a master’s degree for jobs that previously had required a bachelor’s degree. This shows that as people are attaining higher educational qualifications, company’s employment requirements will increase. Why then has the large number of University graduates, why has only 13% gone on to do a postgraduate degree (Statista, 2017).

Some of the most popular excuses graduates give for not enrolling for a master’s degree are:

  1. It takes too long: Most master degrees run for 18-24 months, an incredibly long time for the business professional in this age. The average master’s degree requires students to write a yearlong thesis with intensive research.
  2. It’s too expensive: Master’s degree programmes are notoriously expensive. This is moreso more evident because the student often has to self-fund the entire program themself and still take care of their daily needs.
  3. Programme structure is rigid: Master Programmes like most things in the traditional academic system are rigid by default. Even part-time master’s programmes, created to be more flexible still follow a rigid weekend and evening system. As a result, a busy professional with deadlines to meet at his place of work will be hard-pressed to juggle the two.
  4. Inability to put to practice what is learnt during the programme: Due to the earlier aforementioned reasons, most people prefer to do a full time programme. However, this results in a lot of theoretical development which does not translate to practical innovation. This results in a lot of master’s degree holders without any practical knowhow on how to make lasting changes in their organizations and society at large. This in itself defeats the entire purpose of the programme.

In order to come up with a reliable solution to this dilemma, the Metropolitan School of Business and Management UK (MSBM UK) has come up with the Special Executive Masters Programme (S.E.M.P).

MSBM UK is one of the fastest growing British business schools with a goal to impact students all over the world with quality, premium and affordable British Education. They do this by partnering with various UK universities to provide a concise and well-detailed self-study online programme with unlimited tutor support. This makes learning easy and flexible, enabling learners to complete the programme at their own pace and employ learnt techniques immediately.

With ratings exceeding 95% in course completion, success rate and student satisfaction, MSBM UK Special Executive Masters Programme has been touted as a godsend by its learners. SEMP is an encapsulated Senior Management Programme with short certificate modules designed for anyone who would benefit from more in-depth business knowledge delivered in a short and intensive programme. The programme lasts for 3 months and is available at a 50% discount on tuition amounting to a cost of just N375,000.

Among various specializations, the SEMP in Financial Management is a crowd favourite. It offers specialist studies in the areas of corporate finance, investments, and risk management. It will give online participants a relevant practical knowledge of finance that can be put into use straight away. This will come handy in the development of a business’s financial plan. This is vital because finance is the lifeblood of every business and therefore, planning needs to be done by an informed and meticulous professional. The SEMP gives practical and up-to-date knowledge on the best practices for the planning of a business finances at this point in time.

Financial literacy is very important, especially at this time and I strongly advice everyone to enroll for a SEMP today. For more details, visit msbm.org.uk/semp



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