The Value of Higher Education in Today’s Global Economy

There’s a reason why some startups fail and why such failure can set someone back in their career. It’s because business ventures, no matter how groundbreaking they may be, need to be approached in a scientific way in order to turn it into a smashing success.

Successful people know this, and that’s why most CEOs on various industries nowadays have an MBA degree under their belt. They understand the systematic structure behind the business world. The cutthroat nature of most corporations today demands nothing but the best qualifications from those who dare to get their foot in the door.

If you are a Canadian citizen or are mulling the idea of studying in Canada, you can’t go wrong with an MBA program at Wilfrid Laurier University. It holds an accreditation from the prestigious Association to Advance Collegiate Schools of Business (AACSB International), which is practically the holy grail in business education. Only about 5 percent of business schools around the world have earned such distinction.

A Laurier MBA is everything. It equips you with the necessary tools which you can use in handling various hypothetical and real-life situations. The Laurier Integrated Core is a mish-mash of eight important fundamentals in business: Operation Management, Marketing, Accounting, Strategic Management, Business Analytics, Organizational Behavior, Financial Management, and Economics. An immersion into these core disciplines would give you the confidence to firmly navigate various aspects of your career.

The teaching methodology employed in a Laurier MBA program is one that is less synthetic but more pragmatic and holistic. There is ample focus given on teamwork and collaboration, imbuing the students with the ability to engage with people coming from diverse backgrounds. Having razor-sharp presentation skills, no matter what the context is, is essential in closing deals and growing the business.

Higher education has long been credited as the dynamo behind economic growth. It’s no wonder Canada consistently ranks high in terms of the quality of education offered by its universities. In fact, a 2012 study conducted by Universitas21 in Melbourne reveals that Canada places third in terms of higher education around the world. This explains why Canada remains an economic powerhouse despite its economic setbacks.

There has been a noticeable increase in social enterprises in recent years. This is largely due to the influx of excellent ideas and innovative thinking brought about by the internet. Experts note that one must have the necessary entrepreneurial skills in order to nurture these ideas and transform them into viable business opportunities.

This is where a Laurier MBA comes in. A One Year International MBA, for example, exposes you into various paradigms so that you are fully prepared to carve a global career. You can turn someone’s idea into a profitable one – a business that caters not only to the local audience, but also to the world as a whole. The global economy is as fluid as ever, and you owe it to yourself to get the best education there is. With an MBA degree, you can learn how to explore different avenues of entrepreneurship, as well as how to draw up pinpoint solutions to issues that affect businesses today.

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