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MBAs and the UAE
With SP Jain receiving some welcome attention from the FT, are things looking up for the executive and further education scenes in the Emirates?
February 13, 2011 4:04 by Eva Fernandes
The cost/return value of an MBA has surely taken a beating in the recession. Can you really afford to shell out AED 100,000 (or more) for further education? Wouldn’t that cash be better off paying down debts, or putting a roof over your head, or even just as security?
Well not necessarily. Think about it: There is no denying that, when applying for job, all other factors equal, an advanced degree will often take precedence in the decision of employment. As mentioned, studying further is often an exceptionally expensive affair, but it’s one that can be quickly rationalized as a means to a better ends. So the solution that most working professionals find is evening classes or weekend classes (and sometimes even large loans taken out against their names). It’s a very common pursuit here in the UAE.
Okay, so you have worked out that you can make the time, and the money, to commit to further education. Now one of the biggest decisions you will have to make is which university to attend. Things in Dubai, or the UAE for that matter, aren’t as bad as they used to be (in the 1990s, for instance, when you could count the number of universities UAE had on your hand). In fact, what with Knowledge Village, Academic City and Sharjah’s University City, you could argue we now have the exact opposite problem of what we faced before: Too many unis. There is a clear abundance of universities now running in the UAE, many of which are branches of universities well established abroad. So many that making a decision on which university to study at can be quite difficult.
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